China’s Economy Grows at Slowest Pace in Years
Economic growth of 4.3 percent in the second quarter, versus the same period last year, reflected a broad slump outside of the country’s export-oriented manufacturing might.
Business
The scary rise of locksmith scams: ‘I was shut out with my baby – and charged £2,200 to get back in’
In the UK, these scams have become an epidemic, rising 147% between January and March, compared with the same time last year. Why are they suddenly so common? And what can you do if you’re charged tho
I investigated Palantir’s foothold in the British state – and what I found should worry us all | Peter Geoghegan
Paid-for political access and threadbare regulations have helped to embed the US tech firm in the NHS – and beyond. But there is a way to free ourselvesAndy Burnham faces a lot of big decisions. But o
What do new ‘buy now, pay later’ protections mean for you?
Treasury says shoppers will get a ‘fairer deal’ as new rules for BNPL credit are introduced on WednesdayMillions of shoppers will enjoy more rights and protections from Wednesday as new rules for “buy
Tech Investors and Longevity Influencers Back Neko Health’s Mega Round
The health tech start-up co-founded by Spotify’s Daniel Ek is worth billions more after a new $700 million funding round.
The lawyer who took on Meta – and won – podcast
When Mark Lanier and his young client Kaley faced Meta and Google in an LA courtroom earlier this year, it seemed a bigger battle than David v Goliath. Lanier, however, was determined to prove the com
Data Centers to Add Billions in Power Costs in 13 States
A power auction conducted by a giant grid operator is expected to add $6.3 billion in additional charges to consumers and businesses because of electricity needs of data centers.
Meta used AI to tag workers who took leave to be laid off, lawsuit claims
Lawsuit filed by dozens of employees says people who took maternity or disability leave were disproportionately selected for layoffsDozens of Meta employees have sued the social media company over cla
Chipotle Is Bringing Its Mexican-Inspired Fast Food to Monterrey, Mexico
The California-based restaurant chain is opening its first location south of the U.S.-Mexico border this week, bringing its bowls and burritos to Monterrey.
T. Rex Fossil Sells for $50.1 Million, Putting the King Back On Top
In a booming fossil market, the T. rex had been dethroned by a stegosaurus. No longer.
Public Health Groups Sue F.D.A. Over Flavored E-Cigarette Policy
Executives unhappy with the agency donated and lobbied President Trump directly. Major companies have already begun to prepare and ship new products.
Trump Flip-Flops on Strait of Hormuz, Creating New Risks for Global Economy
The president now wants Gulf nations to invest in the U.S. in exchange for safe passage. Shipping industry experts worry other nations will follow that lead.
The Guardian view on Brazil’s sovereignty: Trump turns autonomy into a trade offence | Editorial
Donald Trump’s tariff threat recasts Brazil’s attempt to protect its democracy as unfair commercial practice – and gives Bolsonarism a Washington stageLast June, Brazil’s supreme court responded to th
Warren Buffet Declines to Donate to Gates Foundation Amid Epstein Revelations
The decision by the Berkshire Hathaway founder comes in the wake of Epstein revelations that have troubled the Gates Foundation.
Andy Burnham must act fast on the climate – or risk getting stuck in a ‘derailment’ doom loop | Laurie Laybourn
Around the world, climate-sceptic parties are exploiting floods and fires to make political capital. Without urgent changes, this deadly spiral will continueRecent unprecedented heatwaves in the UK ma
Trump forced to refund billions in tariffs - The Latest
The US government has been forced to pay billions in refunds to companies that were hit by Donald Trump’s ‘liberation day’ tariffs. The US has paid out $81bn (£61bn) this fiscal year after the supreme
IBM loses quarter of its value as tech giant’s shares plunge and profits falter
IBM issued profit warning after weak second quarter, triggering selloff in software sector including MicrosoftShares in IBM plunged more than 25% on Tuesday after the US tech giant released disappoint
White House Cheers Inflation Data While Iran War Sparks New Price Surge
The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high energy prices.
The Fed’s new chairman is asking for advice.
Five new task forces are focused on topics that Kevin M. Warsh, the chairman of the Federal Reserve, has said are “central to the broad conduct of monetary policy.”
Cincinnati has a $1.9bn infrastructure fund – why can’t it spend it to fix its housing crisis?
Money from rail selloff could help solve Ohio city’s most pressing problems but political mistrust dictates how profits can be usedCincinnati, Ohio’s City of Seven Hills, has been drawing residents in
The UK wants to catch up in the global AI race – but is too wary to go all-in
UK fears a ‘triple whammy’: oversized investment in AI stocks, slower adoption of AI than predicted and the breakneck pace of AI’s developmentHello, and welcome to TechScape. I’m your host, Blake Mont
What to know about the report.
Warsh to Reiterate Fed’s Pledge to Get Inflation Down
Kevin M. Warsh, since becoming chairman of the Federal Reserve, has declined to say whether he supports higher interest rates to tame price pressures.
Warsh to Reiterate Fed’s Pledge to Get Inflation Down
Kevin M. Warsh, since becoming chairman of the Federal Reserve, has declined to say whether he supports higher interest rates to tame price pressures.
Paramount vs. the States
An effort to block media giant’s planned takeover of Warner Bros. Discovery underscores how states are taking a more active role in antitrust regulation.
Big Banks Smash Earnings Records, but ‘Tectonic’ Risks Loom
The largest banks in the United States collectively raked in tens of billions of profits in the second quarter, despite the war in Iran and persistent inflation.
Chai Discovery, an A.I. Drug Start-Up, Raises $400 Million
The fund-raising values the company at $3.8 billion and underscores investor interest in using artificial intelligence to tackle problems like drug discovery.
China’s monthly car exports top 1m for first time as overall trade soars
Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tnBusiness live – latest updatesChina’s monthly car exports topped 1m for the first time i
U.S. Workers Are More Productive Than Ever. And That’s Without A.I.
Companies have been getting more out of employees for several years. Tight labor markets, digitization and remote work are among the reasons.
How a Promising Navy Drone Boat Program Got Mired in Politics
Navy acquisition reforms upended a $2.1 billion contract competition. When it was over, several companies with ties to the Trump administration had made the cut.
Oil Rises Above $85 a Barrel as Gulf Clash Escalates
Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.
EasyJet Holidays’ ‘spa’ resort was lacking an on-site spa or gym
We booked the £1,070-a-week retreat because of the facilities, but when we got there they were a round-trip awayLast month’s tale of a winter break spoiled because easyJet Holidays had neglected to st
Oil prices rise over 2% after Middle East strikes; China’s exports surge on back of AI boom – business live
Brent crude rises over $85 a barrel after US carries out third night of strikes against IranGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.O
Who is ‘stealing’ Bali’s water? How tourism siphoned off a prized resource
Along with the rice fields, a centuries-old infrastructure that treated water as a gift to be shared is disappearing I Putu Partayasa pushes his fingers into the soil as he squats at the edge of a ric
Trump’s Strait of Hormuz Fee Could Double the Cost of Shipping
The potential expense of a 20 percent charge to move oil and other goods through the strait has stirred concern among shippers.
Lawyers to investigate claims of GB power grid cover-up over blackout risk
Operator brings in independent legal firm to look into whistleblower allegations relating to June heatwaveGreat Britain’s grid operator has brought in independent investigators to look into accusation
The Guardian view on Volkswagen’s crisis: another wake-up call for Germany and the EU | Editorial
Robust action is needed to protect European industries from unfair competition. The alternative is social strife amid growing insecurityAccording to a recent analysis, China enjoys a surplus in its ma
Trump Is Snapping Up Stakes in Private Companies. Could A.I. Be Next?
Some tech executives are nervous that recent scrutiny of artificial intelligence models could be a prelude to a demand by the Trump administration for an ownership stake.
Ben Jennings on the challenges Burnham will face in No 10 – cartoon
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The Fed’s Christopher Waller Warns of Higher Rates if Inflation Stays High
Christopher J. Waller, a governor at the Federal Reserve, said he needs to see several months of lower inflation data to feel confident about the outlook.